The Perceived Fairness of the Process and Procedures Used to Make

question 2

Multiple Choice

The perceived fairness of the process and procedures used to make decisions about employees, including their pay, is called _______________.

• A)pay equity
• B)distributive justice
• C)supervisory protocol
• D)procedural justice

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Definitions:

Reimburse

To pay back or compensate for money that has been spent or lost.

Days' Sales Uncollected

A fiscal indicator quantifying the mean span of days required for a business to receive payment post a sale transaction.

Net Credit Sales

Net Credit Sales refer to the total value of sales made on credit during a specific period, minus returns and allowances.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.